Doing business with Freemont Finincial or Countrywide Finincial?

[Gary Wells]

Anybody have any money markets withe either Freemont Finincial or Countrywide? Freemont has already filed Chapter 13 (bankruptcy) and I hear that Countrywide is not doing so hot either. How safe do you feel with money markets in either of these places? $50K & above Jumbo size money markets?
These two places are paying the highest rates that I know of for $50K & above money markets. & btw, watch doing business with Wachovia as far as money markets are concerned? They just dropped their money market rates to an unbelievable 1.6% APY regardless of amount invested.

 

[et10sec]

country wide

with country wide, you have to mail your money out of state, texas, no inertest for the time its in the mail both ways, sometime thats 1 week each way ???

 

[cruzn57]

Gary

I currently have some $$ in Wamu, platinum accounts, rate varies, but no restrictions at all. currently paying 3.9%
for another good one, Pentagon Federal Credit Union ( penfed)
again, have some in their Money market accounts.
I'm sure there are others, but I hate restrictions and small print.

see ya next week

 

[Gary Wells]

You got mail, Cruz, & thanks for the info. & yes, see you weekend after next, isn't it?

 

[Gary Wells]

The only accounts Wamu shows like that now is 4.2% or so for 100K locked up for 4 years minimum in a CD, not quite the same as a money market. Everything else that they show is way below that, not even 3%. I like the flex of a money market.

 

[Chuck Leeper]

I think that Countrywide has been bought up by Bank America...Doubt they'll go "tango uniform"..

 

[Gary Wells]

I trust Bank of America so little that when they bought out MBNA Credit that I don't even wait for my credit card bill to come from them, I call find out the balance and then go directly to the nearest B of A branch and pay it in person so that I have a receipt just in case. And Fwiw, World Savings has gone to hell since Wachovia has bought them out a year back.

 

[JOHNDEEREGN]

I trust Bank of America so little that when they bought out MBNA Credit that I don't even wait for my credit card bill to come from them, I call find out the balance and then go directly to the nearest B of A branch and pay it in person so that I have a receipt just in case. And Fwiw, World Savings has gone to hell since Wachovia has bought them out a year back.

This is my portfolio account Gary

 

[Gary Wells]

If those are singles in there, keep an eye on your kids & the wife, if those are $5's or better, I'm on my way over to visit.

 

[cruzn57]

Actually...........

I keep both of my life savings dollars in my safe at home, guarded by my 12lb boston bull dog, and an unloaded pellet rifle.

 

[nordy racer]

damn must be nice to be big ballers like you guys... i have 2 bucks in my wallet and 5 in the checking...

 

[JOHNDEEREGN]

If those are singles in there, keep an eye on your kids & the wife, if those are $5's or better, I'm on my way over to visit.

Those are my Obama dollars, look real on the outside but fake on the inside LOL

 

[Gary Wells]

damn must be nice to be big ballers like you guys... i have 2 bucks in my wallet and 5 in the checking...

Nothing different here, Mike, I have about 2 in my wallet & about 13 in my checking.

 

[JOHNDEEREGN]

Nothing different here, Mike, I have about 2 in my wallet & about 13 in my checking.

And about 5 MEEEELLLIIIOONNNN in investments


DAMN BACK ON TOPIC,,,,,,,,,,,,,,,,,,, SORRY GARY!

 

[Gary Wells]

And about 5 MEEEELLLIIIOONNNN in investments


DAMN BACK ON TOPIC,,,,,,,,,,,,,,,,,,, SORRY GARY!

Ty:
I'm so broke I have to take a co-signer with me to pay cash &
if I had your money I could burn mine,
that is if I could borrow some to burn.

 

[JOHNDEEREGN]

Ty:
I'm so broke I have to take a co-signer with me to pay cash

Now that there is FUNNY AS H***:biggrin: